What is an FHA Loan?

Hi, this is Edward with the Edward Rodarte Real Estate Group. Just want to talk to you about what is an FHA loan. People have asked what's the difference between FHA and conventional. While today we're talking about FHA. So we're not going to deal with conventional FHA is basically a loan where the home meets certain requirements, no health and safety violations. So as an example, you must have heat in the house. You can't have broken windows, no easements or Eves can have chip paint. So these are just quick examples. You, it has to be, in a sense, move in ready. It doesn't have to be a static list. It doesn't have to look good, okay? But it does have to allow for the family to move in. So he definitely important AC, not a requirement, but no broken windows, no health and safety violations. We hope this helps clarify what an FHA loan is.